NDR Auto Components South Private Limited, a wholly owned subsidiary of NDR Auto Components Limited, has inaugurated a new manufacturing facility at Penukonda in the Sri Sathyasai district of Andhra Pradesh. The operational launch was formalized through a regulatory disclosure submitted to the stock exchanges.
The new project involves a total capital expenditure of approximately 27.29 crore rupees, which was funded through a combination of debt financing and equity capital. The facility is engineered to manufacture automotive frame structures, seat covers, and other plastic, metal, or polyurethane-based components. According to the project specifications, the installed production capacity targets an annual output of 50,000 sets of frames for five-seater passenger cars alongside 28,000 sets of trim seat covers for seven-seater vehicles, with full capacity utilization expected to be achieved over the next one year.
The primary operational rationale for the plant location is to establish a localized supply chain corridor for Kia Motors India by routing components directly through the Hyundai Transys facility situated at Penukonda.